Tag Archives: World Bank

Kampala, Uganda | THE INDEPENDENT | One of Kenya’s leading independent pension administrators has joined has joined Uganda’s pension after being licensed by Uganda Retirement Benefits Authority. Enwealth Financial services formerly operating as Liberty Pension Services in Kenya joins the liberalized pension sector in Uganda to provide retirement benefits. Unlike National …

Kampala, Uganda | THE INDEPENDENT | Lira municipality has recorded a slight increase in local revenues, thanks to the improved infrastructure under the Uganda Support to Municipality Infrastructure Development- USMID project. The Project, funded by the World Bank has seen key infrastructural installations set up. Roads in the Central Business District …

Bangui, Central African Republic | AFP | “When I decided to come back, my friends took me for a fool,” recounts Clement Ndotizo, who spent a decade in France before returning to settle in his native Central African Republic, one of the world’s least-developed and most dangerous countries. But a “fool”, …

Kampala, Uganda | THE INDEPENDENT |  Municipal mayors and Town clerks have opposed new guidelines in the Uganda Support to Municipal Infrastructure Development-USMID project operational manual. The officials argue that the new guidelines are very stringent and affect the implementation of the project. They require that the beneficiary municipalities and districts …

Kampala, Uganda | THE INDEPENDENT | As 2018 comes to an end, extreme poverty is at the lowest level in recorded history but is expected to become increasingly concentrated in one region. A record number of people have been forcibly displaced from their homes, and an influential new report confirms we’re …

Gulu, Uganda | THE INDEPENDENT |  Agriculture can provide jobs to Uganda’s unemployed youth if well harnessed, according to the twelfth Uganda Economic Update published this week by the World Bank. According to a World Bank statement, the report, “Developing Uganda’s Agri-Food System for Inclusive Economic Growth,” notes that the …

Off-grid power to meet connectivity targets Kampala, Uganda | DIAS NYESIGA | The World Bank is happy to be a strategic partner of the Government of Rwanda in the energy sector, according to Yasser El-Gammal, World Bank country manager for Rwanda. He was speaking about the 2018/19 fiscal year budget that was …

Kampala, Uganda | THE WORLD BANK| Improving tax revenue is essential to sustaining economic growth in Uganda, according to a recent economic analysis for the country. The Uganda Economic Update, Financing Growth and Development: Options for Raising More Domestic Revenues, says that while economic growth has rebounded from 4.5% to 5.5% …

Legislators ask World Bank, IMF for better terms of trade Kampala, Uganda | THE INDEPENDENT | Members of parliament attending the 2018 Global Parliamentary Conference at the World Bank Headquarters in Washington DC have asked the International Monetary Fund (IMF) and the World Bank to always consider giving African countries better …

Kampala, Uganda | THE INDEPENDENT | The World Bank projects Sub-Saharan Africa to garner an economic growth of 3.1 percent in 2018, and increase of over one percent from 2017. Recent data in the Africa Economic Update released Wednesday afternoon point to a moderate strengthening of economic growth in early 2018. …